July 19, 2023
SEE (NYSE: SEE), formerly Sealed Air, and ExxonMobil announced today their collaboration on an advanced recycling initiative for food-grade plastics. SEE Australia will offer its CRYOVAC® brand preformed food packaging trays containing resins leveraging ExxonMobil’s Exxtend™ technology for advanced recycling and mass balance attribution. This collaboration will divert approximately 900 tonnes of plastic waste annually from landfill or incineration.
As one of the first such initiatives for fresh red meat trays in Australia, the collaboration addresses the critical challenge in driving a circular economy for food-grade plastics that have strict hygiene and performance requirements for food protection and distribution. The collaboration between SEE and ExxonMobil will help to advance the sustainable design of CRYOVAC® brand food packaging trays beyond recyclability by helping to improve plastics circularity.
In this project, SEE Australia will start introducing the circular trays to the Australian market with the intention to move its entire Australian-made tray portfolio to the new solution over time. The resins and tray manufacturing are certified to the International Sustainability and Carbon Certification (ISCC) PLUS standard, and the circular trays are curbside recyclable within Australia. The project will help support innovation to widen the range of plastics that can be recycled, while ensuring the safety and quality of packaged fresh foods.
“We are delighted to work with SEE on this important project and excited that our ISCC PLUS certified-circular plastics leveraging Exxtend technology and mass balance attribution will play an important role in helping to address a challenge facing the food industry,” said Kwee-Lin Chan, General Manager, Asia Pacific Advanced Recycling and Sustainability for ExxonMobil. “This partnership marks an important milestone for certified-circular resins to be used to produce tray packaging solutions for retail. It’s a significant extension of our collaboration with SEE and helps demonstrate the importance of value chain collaboration to support the circular plastic economy.”
“This partnership opens up new possibilities in recycling high-performance materials,” said Alessandra Faccin, President of SEE Asia Pacific. “For SEE, it puts us closer to achieving our 2025 sustainability and materials pledge. Collaboration with our partners is key to drive the adoption of a circular business model, and this is exactly what we’re doing with ExxonMobil.”
SEE (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we find it. Our automated packaging solutions promote a safer, more resilient, and less wasteful global food, fluids and liquids supply chain, enable e-commerce, and protect goods in transit from damage.
The company, under its former trade name, Sealed Air, announced its new SEE corporate brand and logo in May 2023.
Our globally recognized solution brands include CRYOVAC® food packaging, LIQUIBOX® fluids and liquids systems, SEALED AIR® protective packaging, AUTOBAG® automated packaging systems, BUBBLE WRAP® packaging, SEE® Automation and prismiq™ digital packaging and printing.
Our partnership with customers creates value through sustainable, automated, and digital packaging solutions, leveraging our industry-leading expertise in materials, automation systems, engineering and technology.
Our SEE Net Positive Circular Ecosystem is leading the packaging industry in creating a more environmentally, socially, and economically sustainable future. We have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero carbon emissions in our global operations by 2040.
Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are committed to a diverse workforce and a caring, inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.
SEE generated $5.6 billion in sales in 2022 and has approximately 17,300 employees (including Liquibox employees) who serve customers in 120 countries/territories. To learn more, visit sealedair.com.
ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com, the Energy Factor and exxonmobilchemical.com/exxtend.
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